May 22, 2024 10:42 GMT
Australia’ Santos Sees Strong Gas Demand: Platts
NATGAS
Australia’s Santos is upbeat about long-term global gas demand and is aiming for an 85-15 split between long-term and spot contracts, Managing Director and CEO Kevin Gallagher said, cited by Platts.
- Santos are currently around 75-25 long-term v spot contracts.
- In all scenarios, demand for gas is strong and will continue to grow, he said.
- However, he acknowledged that gas markets will always continue to respond to multiple factors, such as international shocks, new projects, and the economic impacts on supply and demand.
- Santos has a portfolio of LNG assets including Barossa, East Coast LNG, and PNG LNG.
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